The UAE entered the world’s top 10 goods exporters in 2025 after merchandise exports reached $707 billion and total trade rose to $1.637 trillion.
Browsing: WTO
WTO ministers ended talks without renewing the digital tariff moratorium, leaving e-commerce duties unresolved and reform work unfinished.
The European Commission opposes Trump’s reciprocal trade policy, warning it could disrupt markets, fuel inflation, and harm businesses, vowing to protect EU industries from unfair tariffs.
China imposes new tariffs on U.S. goods, launches an antitrust probe into Google, and files a WTO complaint, escalating trade tensions after Trump’s latest tariff measures.
The WTO will collaborate on key trade events during COP29 in Baku, supporting climate finance initiatives and high-level discussions on trade’s role in sustainable development.
WTO forecasts global merchandise trade growth of 2.7% in 2024 and 3.0% in 2025, citing easing inflation, declining interest rates, and risks from geopolitical tensions.
During a momentous meeting at the White House, President Joe Biden and Prime Minister Narendra Modi penned a new chapter…